Bitcoin Sees No October Rise Just Yet

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$BTC started the historically boom month of October hovering over $19,000, about where it ended a dismal September. Chart of the Day explains the bearish and bullish perspectives, presented by cryptocom:

Bitcoin started what has historically been a strong month about where it ended a dismal September, holding over $19K. The market is exhibiting a downtrend, followed by temporary consolidation, with an extended drop yet to come.

“All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
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